Bitcoin / TetherUS
Long
Updated

Bitcoin: Bulls VS Bears: Battle of $26K

1 202
Hi Traders, Investors and Speculators of Charts📈📉

Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year 🏫

A quick analysis on Bitcoin. Over the weekend we may see some volatility as the bulls and the bears battle on the current support zone at $26400.

It is my personal view that this trendline will hold, due to a macro market perspective analysis that I did a couple of days ago which pointed towards BTC being in phase E of the Wyckoff Method market phases :
BTC : Phase E, According to WYCKOFF



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Note
Not anticipating BTC price to drop lower than AR point:

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Note
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